28 November 2012

Africa: Buyright Africa to Unveil Employees' Digital Credit Scheme

As part of its drive to offer Nigerian Nigerian Employees with opportunity to own ICT and electronics appliances, Buyright Africa has announced plan for the formal unveiling of its digital Digital Welfare scheme (NEDWS) next month in Abuja.

The NEDWS allows Nigerian employees in both the public and private sectors to buy ICT equipment like computers, smart phones, printers, scanners , projectors , UPS and home appliances like tvs, refrigerators, deep freezers, microwave, electricity generating sets of any brand of their choice from Buyright Africa with the convenience of paying over a period of 6 months at zero interest rate.

According to the Managing Director of Buyright Africa, Mr. Mukoro Emomine, the idea of NEDWS was informed by the desire to build financial and moral integrity in the Nigerian employee of the 21st century towards the development of a viable credit based society.

Mr. Mukoro said the focus is to encourage employees to enjoy a minimum standard of living while working hard to improve productivity and reduce fraud at their work places.

"We have been test running this credit scheme for over 7 months and have over 7,500 certified employees who have benefitted from it. We are considering how long it take a young graduate who just secured a job on a salary of N75,000 per month to save and buy a new laptop or TV. This is one of the questions this scheme is structured to answer and has been answering; it is one of the problems of our growing society.

"As different governments and the private sector struggle to survive globally, NEDWS is meant to empower employed citizens to extend quality living to their households. This is the trend in the civilized world but here companies and individuals are afraid to extend credit facilities to employees without asking for an arm and a leg including the burden of completing complicated forms. The Nigerian Employees Digital Welfare Scheme, NEDWS, is a complete departure from that tortuous Past," said Emomine..

Staff of these certified institutions will only complete simple Application forms, issue their post dated cheques and the ICT equipment or Household Appliances of their choice will be delivered to them with no hassles. Employees of companies, institutions or government not yet certified shall also enjoy the scheme but may be guaranteed by their Management or Co-operatives.

According to him, NEDWS does not require any form of Bank guarantees and is not working with any bank and is interest free. All items offered on this scheme are global brands and Applicants are free to choose any brand they like.

Also, at the launch, Chairman of Zinox Group, Mr. Leo Stan Ekeh will speak on his upcoming book entitled "The Truth and Nothing But The Truth About Third World Entrepreneurs."

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